Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
Value factors dominated global equity markets in 2025, leaving growth and momentum behind outside the US. For 2026, WisdomTree advises focusing on high-quality dividend-growth in the US and value names in Europe and EM to navigate ongoing concentration risks.
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Value factors dominated global equity markets in 2025, leaving growth and momentum behind outside the US. For 2026, WisdomTree advises focusing on high-quality dividend-growth in the US and value names in Europe and EM to navigate ongoing concentration risks.
The Purpose Credit Opportunities Fund outpaced passive fixed income in 2025 with an 8.16% return, driven by high-conviction themes like defense while prudently trimming AI-power infrastructure holdings on valuation grounds.
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The Purpose Credit Opportunities Fund outpaced passive fixed income in 2025 with an 8.16% return, driven by high-conviction themes like defense while prudently trimming AI-power infrastructure holdings on valuation grounds.
The fund seeks outperformance against the MSCI World Index by targeting under-valued, high-quality compounders and structural growth accelerators. While extreme market concentration around generative AI has left many dependable, cash-generative businesses neglected, the manager sees significant opportunities in these quality franchises as AI productivity starts to enhance the wider real economy.
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The fund seeks outperformance against the MSCI World Index by targeting under-valued, high-quality compounders and structural growth accelerators. While extreme market concentration around generative AI has left many dependable, cash-generative businesses neglected, the manager sees significant opportunities in these quality franchises as AI productivity starts to enhance the wider real economy.
Despite performance headwinds from extreme mega-cap AI market concentration, the fund remains constructive on non-consensus, granular innovators in fields like robotics, bioprocessing, and photonics.
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Despite performance headwinds from extreme mega-cap AI market concentration, the fund remains constructive on non-consensus, granular innovators in fields like robotics, bioprocessing, and photonics.
